Largest Junk Bond ETFs Offer 7% Yields
May 17, 2012 at 11:10 AM EDT
The biggest junk bond exchange traded funds by assets are paying yields in the 7% range but these ETFs come with unique risks, including premiums and discounts to net asset value. SPDR Barclays Capital High Yield Bond ETF (NYSEArca: JNK) and iShares iBoxx High Yield Fund (NYSEArca: HYG) were down...